Bored Ape NFTs are finally making a comeback as crypto traders rediscover their appetite for risk

60-second summary

Bored Ape Yacht Club NFT floor prices have doubled in a month as traders rotate back into speculative crypto bets, reviving hopes of a broader NFT recovery. This surge is part of a larger trend where crypto traders are rediscovering their appetite for risk, driving up prices of high-risk assets. Market volatility is expected to increase.